Sharjah recorded AED 7 billion ($1.90 billion) in real estate transactions in October, marking a 54.1% increase compared to the same month last year. According to the Sharjah Real Estate Registration Department, this surge reinforces the Emirate’s position as a leading regional investment destination.
Economic Stability and Investor Trust
The consistent performance of Sharjah’s property market highlights the Emirate’s solid economic foundations. Transparent regulations, stable governance, and a well-developed investment ecosystem continue to attract both local and international investors, supporting sustainable and innovative development.
More Than 12,500 Transactions Completed
A total of 12,539 real estate transactions were completed in October, covering approximately 15.3 million square feet of sales area. These figures demonstrate expanding investment flows across different sectors. Among these:
- 1,964 were sales transactions, representing 15.7% of total activity.
- 599 were mortgage transactions valued at AED 2.2 billion, accounting for 4.8% of transactions.
- 1,307 initial sale contracts made up 10.4%.
- 6,315 property statements represented 50.4%.
- 2,354 ownership deeds accounted for 18.7%, indicating continued movement in a transparent and regulated market.
Wide Range of Property Types Sold
Sales included residential, commercial, industrial, and agricultural land across 120 locations in Sharjah. The breakdown included 1,164 land sales, 414 built-in land deals, and 386 apartment and tower unit trades.
The highest-value transaction was a land sale in Industrial Area 3 worth AED 77.7 million. The largest mortgage deal took place in Al Mamzar, valued at AED 386 million—indicating strong market confidence.
Sharjah City Leads in Sales Activity
Sharjah city recorded 1,710 sales transactions in October. The most active areas were:
- Al-Sehma: 326 transactions
- Muwaileh Commercial: 209
- Tilal: 163
- Al-Sajaa Industrial Area: 148
In terms of value, Al-Sajaa Industrial Area recorded AED 559.6 million, followed by Tilal (AED 359.8 million), Umm Fanain (AED 280.3 million), and Muwaileh Commercial (AED 255.3 million).
Central and Eastern Region Highlights
Industrial Area 3 topped the Central Region with 202 sales transactions and 98 deals valued at AED 240.9 million.
Khor Fakkan recorded 26 sales, led by Al-Haray Industrial Area with six transactions, while Hay Al-Ghazeer had the highest value at AED 5 million.
Kalba recorded 24 transactions, with Al-Tarif 5 leading both in activity and value at AED 3.4 million.
